The term that describes a cloud provider allowing more than one company to share or rent the same server is known as Multitenancy.
<h3>What is a cloud?</h3>
A third-party business offering a cloud-based platform, infrastructure, application, or storage services is known as a cloud service provider.
Companies often only pay for the cloud services they use, as business demands dictate, similar to how a homeowner would pay for a utility like electricity or gas.
Data for each renter is separated and inaccessible to other tenants. Users have their own space in a multi-tenant cloud system to store their projects and data. Multi-tenant cloud system helps in the clouding of private and public sectors.
Thus, Multitenancy is the term used to describe a cloud service that permits many businesses to share or rent the same server.
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